XRP/USDT – 1H – SELL

The pair Ripple/Tether (XRP/USDT) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support at 2.991500000 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 3.142700000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 2.9915 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 3.142700000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

3.142700000 – 3.351200000 – 3.335000000 – 2.991500000 – 3.202600000 – 3.115200000 — 32.558785737276 – 31.128524304854

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Double top chart pattern – –